Hi, I recently inherited tenants in one unit of a property I purchased six months ago. Obviously I inherited the lease as well. I placed tenants in the vacant unit and followed the new tenant process, including provid...
How many of you own a snake to resolve your own tenant plumbing issues? Is it easy to do? Also do you use it during inspections or turnovers as a preventative maintenance item to remove excess buildup?
Thanks for t...
After 2 weeks of dealing with several different forms of water damage (leaking water heaters, refrigerator lines cracking, toilet tank seal cracking, etc), I'm going on the offensive. I started researching leak detec...
What’s a quick and accurate was to find out if the changes made to property are up to code like additional bedrooms in Baltimore, MD. This is my first time getting a property. I just went to see it and 2 bedrooms are ...
Hey everyone,so I had a tenant that I had to evict. They left a horrible mess behind with trash and unwanted belongings. We threw everything out and have been cleaning up the property. Recently a private company has b...
It's common sense that a property with a high vacancy is bad. Probably the worst.
And I'm told that if a property is 100% occupied you're not charging enough.
Soooo I would assume that there is an occupancy rate th...
A plea to my community of Real Estate Investors: Can we drop the term "Passive Income"??? It seems to me to have negative connotations and to promote negative impressions of the business and its practitioners! I...
Hi everyone,I am a novice investor with one mixed-use multi-family building and have the opportunity to branch into an off-market mobile home park. Does anyone have any advice on analyzing a mobile home park deal? Wh...
This is a follow-up to my last year post where I discussed CPA charges: https://www.biggerpockets.com/...The #1 question we receive from investors who inquire with my firm about our tax services is "How much can you s...
When dealing with financing institutions, you’ll find that prior to approving a loan, they carefully vet your investment plan to assess the risk involved with financing it. To do so, there are several industry-standar...